International Packaging Films Balance Sheet Health
Financial Health criteria checks 1/6
International Packaging Films has a total shareholder equity of PKR20.0B and total debt of PKR11.5B, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are PKR46.6B and PKR26.6B respectively. International Packaging Films's EBIT is PKR3.0B making its interest coverage ratio 1.6. It has cash and short-term investments of PKR430.2M.
Key information
57.4%
Debt to equity ratio
PK₨11.48b
Debt
| Interest coverage ratio | 1.6x |
| Cash | PK₨430.19m |
| Equity | PK₨20.00b |
| Total liabilities | PK₨26.55b |
| Total assets | PK₨46.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPAK's short term assets (PKR13.4B) do not cover its short term liabilities (PKR18.3B).
Long Term Liabilities: IPAK's short term assets (PKR13.4B) exceed its long term liabilities (PKR8.2B).
Debt to Equity History and Analysis
Debt Level: IPAK's net debt to equity ratio (55.3%) is considered high.
Reducing Debt: Insufficient data to determine if IPAK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IPAK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IPAK's interest payments on its debt are not well covered by EBIT (1.6x coverage).